Analysis from house firm Property Solvers shows the areas in Slough where home sellers have been reducing their prices the most.

The data is taken from a total of 674 property transactions between August 2020 and August 2021.

The biggest price discounts in Slough were seen in the SL5 postcode. 

Across this region, 43 sellers were knocking off an average of £-50,569 (or -5.25 per cent) from the initial asking price in the 12 months to August 2021.

Over the same period, the lowest hits on price were seen in SL8 (Bourne End), where 14 home sellers reduced their properties by an average of £-11,064 (or -1.88 per cent) to get the sale going.

Largest House Price Drops

SL5 

  • Average asking price: £1,013,255
  • Average selling price: £962,686
  • Difference: £-50,569
  • Number of properties examined: 43

SL9 

  • Average asking price: £942,598
  • Average selling price: £908,742
  • Difference: £-33,856
  • Number of properties examined: 59

SL2

  • Average asking price: £533,162
  • Average selling price: £513,558
  • Difference: £-19,604
  • Number of properties examined: 60

SL4 

  • Average asking price: £667,908
  • Average selling price: £648,974
  • Difference: £-18,934
  • Number of properties examined: 101

SL6

  • Average asking price: £655,460
  • Average selling price: £637,986
  • Difference: £-17,474
  • Number of properties examined: 173

At the other end of the scale, here are the postcode areas that have seen the smallest house price drops on average.

SL8

  • Average asking price: £599,635
  • Average selling price: £588,571
  • Difference: £-11,064
  • Number of properties examined: 14

SL0

  • Average asking price: £471,747
  • Average selling price: £459,541
  • Difference: £-12,206
  • Number of properties examined: 20

SL1

  • Average asking price: £452,649
  • Average selling price: £438,887 
  • Difference: £-13,762
  • Number of properties examined: 66

SL3 

  • Average asking price: £523,093
  • Average selling price: £507,519
  • Difference: £-15,574
  • Number of properties examined: 77

SL7

  • Average asking price: £695,869
  • Average selling price: £679,212
  • Difference: £-16,657
  • Number of properties examined: 61

Selvanayagam says: “Despite what has been a very active market, homebuyers are still, by and large, able to negotiate down on prices. 

"There is also wider evidence of surveyors down valuing properties that are misaligned with the realities. 

"This means that properties end up selling for lower than the original estate agent price estimation.”